High Hopes

Our annual Apartment Developers feature discusses the oversupply debate of apartments in Perth's inner city, the government's proposed changes to strata titles, and the next wave of demand for apartment projects.

Sales and rentals of established apartments in Perth's inner city are stalling as the rollout of new stock intensifies.

The state government has been praised for its commitment to planning reform, but local governments are being urged to get on board.

Developers are tipping the next wave of demand for apartment projects to come from two very disparate demographics – baby boomers close to retirement and generation Ys looking to get on the first rung of the property ladder.

Only time will tell if the sector has reached a point where it is unstoppable.